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Maria
A $ 800.00 loan is offered to Maria to improve her business. Maria opened her kiosk in 2008 with her own working capital. She will use the loan to buy stocks like noodles,cigarettes,slippers and bread to keep in her store . She is generating a good income from selling.
She has been thinking of running a big business after years of involving herself in doing business. Maria is living in a town with her family.

Additional Information

More information about this loan

This loan is part of TRM’s effort to reach microentrepreneurs in East Timor, a region suffering from a deeply underdeveloped financial sector. Since its independence in 2002, East Timor has struggled with internal tensions which led to the quasi disappearance of its financial system. As of 2012, TRM is one of only two MFIs operating in East Timor trying to respond to the needs of thousands of microentrepreneurs. This loan provides underserved borrowers with critical capital to sustain their existing businesses. 

Information about TRM

Tuba Rai Metin (TRM) is a microfinance institution in East Timor, one of the smallest, newest and least developed countries in Southeast Asia. The organization provides credit, savings and micro-insurance services to more than 7,000 clients. Its goal is to extend its reach into even more remote regions through branchless banking services.

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About Timor-Leste

  • $3,100
    Average annual income
  • 16
    View loans »
    Timor-Leste Loans Fundraising
  • $1,552,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria to buy noodles, cigarettes, slippers and bread.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014